Varchild2008 (85.05)

Varchild's CAPS pick on GME is -60 points

2

Per Popular Request.....and despite the fact anyone can see that on my Profile Page (so this is pointless)

I FULLY DISCLOSE that my GME CAPS SCORE is today MINUS 60 POINTS.

Of course I also disclose it is for 5 plus years.....

I also disclose that it was around minus 70 points around January/February of this year.

So I DISCLOSE that I gained 10 CAPS points approximately.... Close to 1 point gained with today's market action.

I DISCLOSE that I have a profile page and please remember that i don't always constantly disclose things as I assume people are fully aware of Profile Pages....and I work to keep that up to date as quickly as possible (but always the chance I can be away from any Internet connection for weeks).

So I FULLY DISCLOSE that if I fail to update my Profile Page for a few weeks.....There's a reason for it.

I also FULLY DISCLOSE than the #1 CAPS Pick Player CHK pulled his RED THUMB on GAMESTOP weeks ago.... Now we will never see if CHK red thumbing Gamestop ever made any sense.

Anything else to Fully Disclose? I'll do so in the comments section...if there is anything.

I FULLY DISCLOSE that a RED Caps Pick that appears to be on the recovery,,,,it is the fact that it is recovering that should be more important than the fact that I was LONG (GME) during the run-up to its ultimate low price back in 2010....August I believe.

Yea.... I rode Gamestop all the way down through their struggles why?

What motivated me to GREEN Thumb Gamestop back then I believe was Karen Finerman on CNBC saying (paraphrased here):

"Digital dnloading is an issue for Gamestop but you can not ignore the amount of Cash on the balance sheet. This one might be interesting because of that cash."

So what does that mean to me?

TURN-A-ROUND story.

And turn-a-round stories take time.....but they are awesome to behold.

(SWTX) Southwall Technologies (I FULLY DISCLOSE) used to be one of my LONG investments because they too back in 2008 were in the midst of an exciting turn-a-round story.

Of course have to be careful as not all turn-a-round stories end well. But, when they do end well.....there's money to be made going LONG.

I'd recommend leaving them open at least through the 2012 presidential election.

I speculate that if a Republican wins the Presidency, Ben Bernanke is history...and who ever takes his place will reverse all of the Quantitative Easing and other related policies (operation twist) that is causing Bonds to be bought up hand over fist by the FEDs.

Once the FED buying binge of its own debt finally ends....those negative scores on Bond ETFs may suddenly be Green.

So....Lots of Thumbs Up to you for thinking of doing that here on CAPS Picks.